Unfortunately It does look like weakening further. When some Directors sold off when the SP was on the rich side $19, $20 plus etc it was unlikely to rebound ahead of announcements and/or results.
not much newsflow at AD8 in between results so suspect it stays around current levels or mid-high $14’s where it seems to hit resistance.
Will be interesting results when reporting next & I will be looking closely at Director buying when such permissible period arrives. If the SP goes back into $14’s I will be happy adding further.
cannot see results being disappointing, even if slightly down on prior half Report which was forecast by MD.
AD8 TA, page-145
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Last
$9.82 |
Change
-0.080(0.81%) |
Mkt cap ! $818.4M | |||
| Open | High | Low | Value | Volume |
| $9.89 | $9.92 | $9.68 | $2.229M | 227.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $9.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.82 | 1105 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| AD8 (ASX) Chart |